Article 63DCD Cazoo to abandon its business operations in Europe and cut 750 jobs

Cazoo to abandon its business operations in Europe and cut 750 jobs

by
Jasper Jolly
from World news | The Guardian on (#63DCD)

UK online car retailer will make all of its employees in France, Germany, Italy and Spain redundant

Online car retailer Cazoo has announced it will abandon its business in Europe and cut 750 jobs in the latest sign of retreat by a business that had hoped to transform its sector.

The company will make redundant all of its employees in France, Germany, Italy and Spain as it closes the operations, leaving it operating in only the UK as it tries to preserve cash.

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